Heavy equipment stocks facing negative impacts from tariffs, Caterpillar downgraded to sell.

From Yahoo Finance: 2025-04-07 15:59:00

Heavy equipment manufacturers like Caterpillar, Deere, and Toro are facing negative impacts from tariffs. Shares of these companies fell, with Caterpillar downgraded to sell by UBS analyst Steven Fisher. Concerns over trade policy uncertainty and eroding demand are driving the downgrades. Onshoring could benefit these companies in the long run, but immediate risks remain. Investors should approach buying these stocks with caution.



Read more at Yahoo Finance: Why Heavy Equipment Stocks Are Under Pressure Today